The Consumer Price Index rose 5.4% last month compared to a year ago — the biggest monthly jump since 2008. During testimony on Capitol Hill Wednesday, Federal Reserve Chairman Jerome Powell gave his assessment about the price surge and risks of inflation. David Wessel, the director of The Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, joins Judy Woodruff to discuss.
Supply ‘bottlenecks’ are driving a consumer price surge. Here’s how that affects inflation
Related Posts
8 Typical Errors in Business Emails and How to Avoid Them
Business Email Mistakes: Email has become into a vital tool for corporate…
Robinhood pays $70 million to settle range of allegations
NEW YORK (AP) — Robinhood Financial will pay nearly $70 million to settle a…
Cineworld Share Price: A Comprehensive Analysis
Cineworld Share Price: Investing in the stock market has become a common way to…
WATCH LIVE: Biden signs executive order to boost competition within the U.S. economy
President Joe Biden is set to sign on Friday an executive order that the White…
Better Business Bureau Trust and Transparency Guide
Trust and openness are of the utmost importance in the dynamic and fast-paced…
A quarter of Americans are worried about inflation. Here are 4 things to watch
The U.S. economy is awakening from a coma. That was the analogy used by more…